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Prudential Multi-Sector Fund, Inc.
Supplement dated May 23, 1994 to
Prospectus dated June 30, 1993
HOW THE FUND IS MANAGED
Manager
The current portfolio manager of the Fund is Gregory Goldberg, a Vice
President of Prudential Investment Advisors, a unit of PIC. Mr. Goldberg has
responsibility for the day-to-day management of the selection of securities for
the Fund's portfolio. Mr. Goldberg has managed the Fund's portfolio since March
1994. Mr. Goldberg was previously employed by Daiwa International Capital
Management (January 1988-December 1993) as a portfolio manager for
institutional clients. Prior thereto, he was employed by Industrial Bank of
Japan (October 1986-January 1988). Mr. Goldberg joined PIC on January 11,
1994. Asset allocation for the Fund is provided by Greg A. Smith as described
in the Prospectus. See "How the Fund is Managed--Manager" at page 14.
MF142C-3
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